Krutz Joel 4
4 · Crown Electrokinetics Corp. · Filed Mar 28, 2024
Insider Transaction Report
Form 4
Krutz Joel
DirectorCFO and COO
Transactions
- Award
Restricted Stock Units
2023-10-27+538,837→ 638,837 totalExercise: $0.00→ Common Stock (538,837 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of Crown Electrokinetics Corp. (the "Issuer").
- [F2]Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, the restricted stock units reported herein vest in equal monthly installments over 12 months beginning on the date of grant, provided, that all such restricted stock units vest immediately upon the Issuer achieving a market capitalization of $50,000,000.
- [F3]The amount of shares reported herein reflects the 60-for-1 reverse stock split effected by the Issuer on August 14, 2023.